Nigeria Moves to Boost Power Supply, Ratifies $186.6 Million Afam Power Plant

By June 16, 2017 Investment News

Also okays completion of Baro River Port

The Federal government on Wednesday ratified the Afam emergency fast power plant ‎in a bid to improve power supply in the country.

This came to fore yesterday when the Minister of Power, Works and Housing, Babatunde Fashola briefed State House Correspondents after the Federal Executive council meeting presided over by Acting President, Yemi Osinbajo at the Presidential Villa.

“The total package for the Afam power plant is $186.6million and the contract for the substation is $2.207million for the components that are offshore and N133.184million for the local components.‎

He disclosed that council also approved the contract for the construction and rehabilitation of the sub-station to enable the evacuation of the power, once the turbines are installed.

“The other one is consistent with infrastructure development in the country is the memo for the Afam emergency fast power which is part of the ministry’s roadmap for incremental power to the grid.

Fashola also said FEC gave the approval to reimburse Kwara state government to undertake the construction of the Kayamakishe road which is a road that serves the Agricultural belt that produces Agro Product between Oyo and Kwara state.

He said Kwara state has applied to be allowed to take that road on the basis that they will be refunded at some time in the future.

” We have actually received anticipatory approval from Mr. President and Council has ratified that approval for them to continue. The road contract is N7.943billion, he added.

In a related development, the Federal government yesterday also announced approval for the completion of Baro River Port in Niger State.

This was disclosed by the minister of transportation, Rotimi Ameachi‎ who was joined by Minister of information, Lai Mohammed, Finance minister, Kemi Adesoun and Fashola while briefing State House Correspondents.

Amaechi said the cost is not more than N500million as there is just completion equipment.

“We got an approval for the completion of Baro River Port, the council deliberated on three major contracts that will assist us in the completion which is the purchase of forklifts. We hope that in the next four to six months we should be able to complete the Baro River Port.”

“The minister of works was also directed to look at the roads leading to the River Port while on the other side we will look at the revival of the narrow gauge to the Port”, from he said.

Read more: Guardian